CBSE 2025 · Region 4 · Set 3 · Q14

Ajit, Biswas and Chitra were partners in a firm sharing profits and losses in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. Biswas died on 30th September, 2024. The firm closes its books on 31st March ever ear. Biswas's share of profits till the date of death from the last Balance Sheet date, was to be calculated on the basis of sales. Sales for the year ended 31st March, $\displaystyle 2024$ amounted to ₹ $\displaystyle 24,00,000$ and that from 1st April, $\displaystyle 2024$ to 30th September, $\displaystyle 2024$ amounted to ₹ $\displaystyle 15,00$,000. The profits for the year ended 31st March, $\displaystyle 2024$ were ₹ $\displaystyle 2,40$,000. Biswas's share of profits till the date of his death was :

OR

Isha, Julie and Kavita were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. The firm closes its books on 31st March every year. On 12th June, $\displaystyle 2024$, Kavita died. Her share in the profits of the firm from the last Balance Sheet till the date of death was to be calculated on the basis of last year's profit. Last ear's refits were ₹ $\displaystyle 6,00,000$ . Kavita's share of profit till the date of her death was :